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How to Buy Crypto in France

How to Buy Crypto in France

Sara White
Fact Checked
Jan 2, 2023

Buying Cryptocurrencies like Bitcoin in France is incredibly simple thanks to The Autorité des Marchés Financiers (AMF) friendly stance toward the asset class. All you need to do is signup to a regulated crypto broker, transfer Euros (EUR) from your bank and execute your trade.

To speed up the process of finding a suitable exchange, we have reviewed the 5 best platforms to buy Crypto in France. Our rankings are based on research that compares available assets, fees, security, regulatory compliance and overall features.

Uphold - Best Crypto Broker in France
  • Trade over 220 different Crypto Assets with fast and cheap Euro (EUR) from any French Bank, Debit Card or Credit Card.
  • Trade multiple asset classes including cryptocurrencies, stocks, ETFs and metals for zero fees.
  • Regulated in Europe and by the Financial Conduct Authority. Audited proof- of-reserves with 1:1 backing of customer funds.
Deposit Methods
Bank Transfer, Debit Card, Credit Card or PayPal
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Is Crypto Investing Legal in France?

Yes, crypto investing is legal in France. The country has a clear regulatory framework in place for digital currencies, crypto exchanges and initial coin offerings (ICOs).

With respect to exchanges and buying digital assets in France, the main regulation is that customers must use a platform that is licensed by the European Securities and Markets Authority. ESMA are the primary digital asset regulatory authority in France and Europe.

Best Exchanges to Buy Crypto in France

The tables below provide an overview of the 5 best digital asset trading platforms in France. In these short reviews, we highlight the key advantages and disadvantages of each platform to help you decide which exchange best suits your needs.

  1. Uphold - Best Overall Crypto Platform in France
  2. Bybit - Best for Futures Trading and No-KYC
  3. Binance - Best for Altcoin Trading
  4. Gate.io - Best No-KYC for Staking and Altcoins
  5. eToro - Best Overall Multi-Asset Trading Platform

You can continue reading below for a head-to-head comparison of each platform based on fees, available assets and available leverage.

#1 Uphold

Uphold is one of the world's largest multi-asset brokers with 10 million users across 120 countries. Their platform offers over 200 cryptocurrencies and a wide-variety of stocks, ETFs and other assets with low fee Euro (EUR) deposits from French Banks.  They are a licensed and regulated crypto broker in Europe, with audited proof-of-reserves and a routine transparency report highlighting 100% backing of customer deposits.

They are the preferred broker for traders in France due to their high level of compliance, given the market turmoil around centralised finance actors in the recent past. With that said, we recommend Uphold as the #1 overall exchange in France to buy and sell cryptocurrencies.

Pros

  • 200+ digital currencies and other assets
  • Licensed and regulated in France
  • 0% trading commissions on crypto
  • Audited 1:1 proof-of-reserves of customer funds

Cons

  • Only offers 200 stocks and ETFs
  • Only 26 crypto asset staking options
Visit Uphold

#2 Bybit

Bybit is one of the largest cryptocurrency spot and derivatives trading platforms in the world. They trade over $8 billion in daily volume across both markets and give French investors access to over 150 crypto derivatives contracts and 400 spot markets to buy, sell and trade.

The platform is also popular in France because it requires no KYC or verification to sign up. You can get started in minutes with just an email address and password. They also have a variety of other features including Crypto Staking, an IDO Launchpad, NFT Marketplace, and much more.

For more information, you can read our Bybit Review.

Pros

  • 400+ Cryptos with 100x Leverage
  • No KYC or verification required
  • 0.1% Maker Fees and 0% Taker
  • Crypto staking for 50+ coins

Cons

  • Unclear regulatory status in France
  • Does not offer stocks or other assets
Visit Bybit

#3 Binance

Binance is the largest digital asset trading platform in the world with over $76 billion in assets traded over 24 hours. Their exchange provides a wide range of features including 600 cryptos, an NFT Marketplace, futures trading, options and much more for low fees starting at 0.1%.

Binance France

The platform offers a wide range of deposit methods for investors in France, which includes Bank Transfers, Credit Card, Debit Card and PayPal. They also offer up to 25x leverage on their derivatives trading platform for fully verified accounts.

For more information, you can read our Binance Review.

Pros

  • 600+ Cryptos with 25x Leverage
  • Binance Smart Chain DeFi ecosystem
  • 0.1%  Spot and Futures Fees
  • Crypto staking for 100+ coins

Cons

  • Does not offer stocks or other assets
  • Customer support is poor
  • EUR Deposits can be expensive
Visit Binance

#4 Gate.io

Gate.io is one of the largest no-KYC crypto exchanges in the world with over $3 billion in daily traded volume. Their platform offers the most assets for a centralized exchange, with over 1,400 different altcoins listed on their platform. The fees on Gate.io are slightly higher than other exchanges in France, starting at 0.2% per trade.

Gate.io France

The Gate.io platform does not offer direct Euro (EUR) deposits from French banks via bank transfer or bank wire. Their platform does allow you to deposit funds with alternative payment methods like Debit Cards, Credit Cards, Cryptocurrency, Google Pay, Apple Pay and more.

For more information, you can read our Gate.io Review.

Pros

  • 1400+ cryptos and 25x leverage
  • NFT Marketplace and other features
  • No KYC or verification required
  • 150+ cryptos available for staking

Cons

  • Off-shore exchange with unclear French regulatory clarity
  • Higher than average fees at 0.2%
  • Does not offer stocks or other assets
Visit Gate.io

#5 eToro

eToro is a leading global investment platform with over 18 million registered users. They offer a wide range of markets including stocks, forex, cryptocurrencies, indices and commodities. eToro is licensed and regulated by ESMA and CySEC in Europe and has been operational since 2008.

eToro trading platform

Their platform is widely regarded for offering zero fees across their 8,000+ listed assets for investors in France. They are one of the safest, easiest and most trusted options to start trading cryptocurrencies for investors that are new to the space.

For more information, you can read our eToro Review.

Pros

  • 8,000+ stocks and cryptos to trade
  • Licensed and regulated in France
  • 0% trading commissions on crypto
  • Secure and operating since 2008

Cons

  • Only offers 80 cryptocurrencies
  • Limited crypto staking options
Visit eToro

How to Buy Bitcoin and Crypto in France

The easiest way to buy Bitcoin and digital assets in France is by signing up to a licensed crypto-broker to deposit EUR from your local bank. To simplify the process, we have put together a simple 4 step guide below to help you get started with Uphold.

Uphold is generally recommended because they are licensed by the FCA and in Europe with audited proof of reserves of customer funds.

  1. Sign Up: Create a free account on Uphold with your email address and complete the verification process.
  2. Connect Account: Connect your French bank account or card to Uphold by selecting the fiat currency you want to transfer on your dashboard.
  3. Deposit Funds: You can then select the 'connect bank' button to link your French or European Bank account to Uphold.
  4. Buy Cryptocurrency: Find the cryptocurrency you want to buy and execute your trade
Deposit Multiple fiat currencies on Uphold.

What Makes a Crypto Exchange Good?

In order to find the best crypto exchange in France, there are a few key factors you need to take into account. First and foremost, you need to make sure that the exchange is regulated by the French financial authorities. This will ensure that your funds are safe and that you're not being scammed.

Secondly, you need to look at the fees charged by the exchange. Some exchanges charge very high fees, so it's important to compare before you decide which one to use. Finally, you should also consider the liquidity of an exchange. This refers to how easy it is to buy and sell cryptocurrencies on the platform. The more liquid an exchange is, the better.

What is the best Crypto Wallet?

If you want to buy Cryptocurrencies on the exchange, and then withdraw them to a cold wallet, we would recommend a Ledger Nano S Plus or Nano X. Both hardware wallets are built by Ledger, who are the world's most trusted offline wallet brand with over 4 million customers. They support over 6,000 assets and 100 DeFi apps that allow you to earn yield on cryptos held in your wallet.

If you want to buy Crypto and hold it on an exchange, Uphold is the most trusted because they provide audited proof-of-reserves with a daily transparency report. Another benefit to holding coins with an exchange is that you do not have to pay the $100 to buy a wallet like the Nano S Plus or Nano X.

Final Thoughts

Overall, Uphold should be the preferred option for investors in France given their easy onboarding, variety of features and strict regulatory compliance. As one of the only platforms with a real-time stream of customer funds held 1:1 in a public audited report, it is easy to see why Uphold has become so popular in recent years.

Sara White

I fell into crypto during the 2017 mania and have been around ever-since. I know write, research and publish my own reports on the digital asset ecosystem.

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